REI Lense- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 15.32% first-year return on $41,979 initial cash invested.
Cash On Cash
15.32%
Cap Rate
9.93%
Rent
$2,333
Cashflow
$536
Rent Confidence: High
Annual
$27,996
Median
$2,250
Avg
$2,333
Samples
25
Financing
Purchase Price $200k
Downpayment 20.0%
Interest Rate 6.4%
Mortgage Duration 30yr.
Cash To Invest
Total $41,979
Downpayment $39,980
Closing costs $1,999
Rehab $0
Furnishing $0
Cashflow
Total Income $2,333
Total Expenses $1,797
Mortgage P&I $1,001
Property Taxes $119
Home Insurance $70
PManagement 10% $233
CapEx 5% $117
Vacancy 6% $140
Maintenance 5% $117
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 823 W 39th St | $1850 | 3 | 2 | 1100 | 0.3 mi |
| 2 | 2006 Bulloch St | $3750 | 3 | 2 | 1120 | 0.6 mi |
| 3 | 707 W 44th St | $1595 | 3 | 2 | 1262 | 0.3 mi |
| 4 | 2910 Bull St | $4000 | 3 | 2 | 1200 | 1.2 mi |
| 5 | 309 W 33rd St | $2800 | 3 | 2 | 1209 | 1.2 mi |
| 6 | 309 W 33rd St, Unit B | $2500 | 3 | 2 | 1209 | 1.2 mi |
| 7 | 119 E 40th St | $1800 | 3 | 2 | 1150 | 1.3 mi |
| 8 | 509 W 38th St, # B | $2300 | 3 | 2 | 1100 | 0.7 mi |
| 9 | 512 W 38th St, Unit B | $1425 | 3 | 2 | 1099 | 0.7 mi |
| 10 | 910 W Victory Dr | $1600 | 3 | 2 | 1019 | 0.1 mi |
| 11 | 910 W Victory Vic Dr W, Unit 910 | $1600 | 3 | 2 | 1019 | 0.1 mi |
| 12 | 314 W 42nd St, Unit Main | $2400 | 3 | 2 | 1300 | 0.8 mi |
| 13 | 310 W 42nd St | $2300 | 3 | 2 | 1300 | 0.8 mi |
| 14 | 310 W 42nd St, Unit Main | $2300 | 3 | 2 | 1300 | 0.8 mi |
| 15 | 505 W 38th St | $2200 | 3 | 2 | 1050 | 0.7 mi |
| 16 | 920 W 51st St | $2000 | 3 | 2 | 1030 | 0.7 mi |
| 17 | 308 W 40th St, Unit A | $3400 | 3 | 1.5 | 1200 | 0.8 mi |
| 18 | 625 W 38th St | $1695 | 3 | 2 | 1368 | 0.6 mi |
| 19 | 213 W 31st St | $2150 | 3 | 1.5 | 1184 | 1.3 mi |
| 20 | 25 W 54th St | $2200 | 3 | 2 | 1000 | 1.4 mi |
| 21 | 309 W 33rd St, Unit Upper | $2950 | 3 | 2 | 1409 | 1.2 mi |
| 22 | 309 W 33rd St, Unit A | $2950 | 3 | 2 | 1409 | 1.2 mi |
| 23 | 7 W 53rd St | $2250 | 3 | 2 | 1386 | 1.4 mi |
| 24 | 301 W 31st St | $2500 | 3 | 1.5 | 1250 | 1.3 mi |
| 25 | 505 W 38th St, # 505 | $1800 | 3 | 1.5 | 1050 | 0.7 mi |